And this time the sellers shouldn't have the problem of managing a bunch of overbids. They're starting at $1.599m. That's +$324k/+25% over the closed price from last May.

Why do we keep saying "peculiar?" It's the strange "flag lot." This is a polite way of saying it's the back house on a lot appears to be split in two. The "flagpole" is your driveway access to 11th.

Last year, we rated the home a teardown on grounds that the listing pitched the sale as lot value, as we recall. Now, the 4br/2ba, 1500 sq. ft. home is still dated, but spiffier. Not $324k spiffier, but improved.

We'll grant that this is a fairly quiet street and very close to downtown. But isn't $1,000/PSF pricing supposed to be for premium product?